Note AcademyNote Academy
Start

Economics (AS & A Level) · Oct / Nov 2023 · Paper 31 · Question 3

9708Different market structures

Which market structures are contestable?

  1. Aperfect competition: no; monopolistic competition: no; pure monopoly: yes
  2. Bperfect competition: no; monopolistic competition: yes; pure monopoly: yes
  3. Cperfect competition: yes; monopolistic competition: no; pure monopoly: no
  4. Dperfect competition: yes; monopolistic competition: yes; pure monopoly: no

As printed in the paper

Show the answer

Correct answer: D. perfect competition: yes; monopolistic competition: yes; pure monopoly: no

Sit this whole paper →More on Different market structures

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.